The amount of checkoff money refunded by Alberta Beef Producers jumped again last year but this time, the increase was from payments to cow-calf producers.
The organization refunded $3.24 million in 2021, up from $3.04 million the year before, according to the financial statements in ABP’s just-released annual report.
Although feedlots account for the vast majority of that sum (78 per cent last year), their refunds actually fell by $107,000. That was more than offset by the $703,000 refunded to cow-calf producers (versus $375,000 in 2020).
Read Also
Alberta announces new studies to account for future water needs in southern Alberta
Alberta’s government is undertaking a review of potential sites for dams and other infrastructure to prepare for future water needs.
The provincial checkoff is $2 per head but about a third of what’s collected is refunded. A similar amount goes to ABP and most of the remainder goes to the Canadian Cattle Association.
There’s also a $2.50 non-refundable federal levy, most of which goes to Canada Beef and the Beef Cattle Research Council.
